Woowon Development Co. Ltd
Woowon Development Co., Ltd. engages in the construction business. It constructs roads, railways/subways, industrial complexes, ports, rivers, dams, power plants, and overseas construction works. The company was formerly known as Woowon Infra Co., Ltd. and changed its name to Woowon Development Co. Ltd. in August 2010. The company was founded in 1983 and is based in Seoul, South Korea.
Woowon Development Co. Ltd (046940) - Net Assets
Latest net assets as of September 2025: ₩137.02 Billion KRW
Based on the latest financial reports, Woowon Development Co. Ltd (046940) has net assets worth ₩137.02 Billion KRW as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩255.29 Billion) and total liabilities (₩118.27 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩137.02 Billion |
| % of Total Assets | 53.67% |
| Annual Growth Rate | 4.39% |
| 5-Year Change | 3.0% |
| 10-Year Change | 96.8% |
| Growth Volatility | 12.36 |
Woowon Development Co. Ltd - Net Assets Trend (2008–2024)
This chart illustrates how Woowon Development Co. Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Woowon Development Co. Ltd (2008–2024)
The table below shows the annual net assets of Woowon Development Co. Ltd from 2008 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩104.08 Billion | +0.81% |
| 2023-12-31 | ₩103.25 Billion | -0.57% |
| 2022-12-31 | ₩103.84 Billion | +3.94% |
| 2021-12-31 | ₩99.90 Billion | -1.13% |
| 2020-12-31 | ₩101.05 Billion | +21.49% |
| 2019-12-31 | ₩83.18 Billion | +34.39% |
| 2018-12-31 | ₩61.89 Billion | +5.02% |
| 2017-12-31 | ₩58.94 Billion | -0.52% |
| 2016-12-31 | ₩59.25 Billion | +12.02% |
| 2015-12-31 | ₩52.89 Billion | +19.50% |
| 2014-12-31 | ₩44.26 Billion | +4.96% |
| 2013-12-31 | ₩42.17 Billion | -12.41% |
| 2012-12-31 | ₩48.14 Billion | +0.34% |
| 2011-12-31 | ₩47.98 Billion | +2.12% |
| 2010-12-31 | ₩46.98 Billion | -18.82% |
| 2009-12-31 | ₩57.88 Billion | +10.57% |
| 2008-12-31 | ₩52.34 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Woowon Development Co. Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 3388231132000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩33.88 Billion | 32.55% |
| Common Stock | ₩9.04 Billion | 8.68% |
| Other Components | ₩61.16 Billion | 58.76% |
| Total Equity | ₩104.08 Billion | 100.00% |
Woowon Development Co. Ltd Competitors by Market Cap
The table below lists competitors of Woowon Development Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Awale Resources Ltd
V:ARIC
|
$36.36 Million |
|
Fluidigm Corporation
F:FLB
|
$36.36 Million |
|
Jaeren Sparebank
OL:JAREN
|
$36.36 Million |
|
e-LITECOM CO. Ltd
KQ:041520
|
$36.37 Million |
|
Parlem Telecom Companyia de Telecomunicacions S.A.
MC:PAR
|
$36.35 Million |
|
ImmuCell Corporation
NASDAQ:ICCC
|
$36.34 Million |
|
Playmates Toys Ltd
PINK:PMTYF
|
$36.34 Million |
|
Loop Industries Inc
NASDAQ:LOOP
|
$36.32 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Woowon Development Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 103,249,669,850 to 104,083,386,520, a change of 833,716,670 (0.8%).
- Net income of 736,066,390 contributed positively to equity growth.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩736.07 Million | +0.71% |
| Other Changes | ₩97.65 Million | +0.09% |
| Total Change | ₩- | 0.81% |
Book Value vs Market Value Analysis
This analysis compares Woowon Development Co. Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.79x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 1.12x to 0.79x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | ₩4043.94 | ₩4530.00 | x |
| 2017-12-31 | ₩4022.75 | ₩4530.00 | x |
| 2018-12-31 | ₩3773.99 | ₩4530.00 | x |
| 2019-12-31 | ₩4667.12 | ₩4530.00 | x |
| 2020-12-31 | ₩5590.76 | ₩4530.00 | x |
| 2021-12-31 | ₩5527.40 | ₩4530.00 | x |
| 2022-12-31 | ₩5745.16 | ₩4530.00 | x |
| 2023-12-31 | ₩5712.50 | ₩4530.00 | x |
| 2024-12-31 | ₩5758.62 | ₩4530.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Woowon Development Co. Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.71%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.24%
- • Asset Turnover: 1.32x
- • Equity Multiplier: 2.20x
- Recent ROE (0.71%) is below the historical average (6.51%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 6.91% | 2.55% | 1.11x | 2.46x | ₩-1.47 Billion |
| 2014 | 5.61% | 1.18% | 1.81x | 2.62x | ₩-1.94 Billion |
| 2015 | 16.66% | 3.48% | 2.07x | 2.31x | ₩3.52 Billion |
| 2016 | 11.29% | 3.23% | 1.77x | 1.98x | ₩762.59 Million |
| 2017 | -0.65% | -0.21% | 0.97x | 3.21x | ₩-6.28 Billion |
| 2018 | -2.33% | -0.66% | 1.17x | 3.02x | ₩-7.63 Billion |
| 2019 | 17.00% | 4.87% | 1.44x | 2.43x | ₩5.83 Billion |
| 2020 | 16.66% | 5.32% | 1.77x | 1.77x | ₩6.73 Billion |
| 2021 | 1.18% | 0.68% | 1.10x | 1.59x | ₩-8.81 Billion |
| 2022 | 3.60% | 1.90% | 1.19x | 1.59x | ₩-6.65 Billion |
| 2023 | 1.43% | 0.58% | 1.32x | 1.85x | ₩-8.85 Billion |
| 2024 | 0.71% | 0.24% | 1.32x | 2.20x | ₩-9.67 Billion |
Industry Comparison
This section compares Woowon Development Co. Ltd's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $592,924,975,703
- Average return on equity (ROE) among peers: 10.34%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Woowon Development Co. Ltd (046940) | ₩137.02 Billion | 6.91% | 0.86x | $36.36 Million |
| Hyundai Engineering & Construction (000720) | $4.76 Trillion | 10.72% | 1.68x | $4.83 Billion |
| Nam Kwang Cons (001260) | $-65.69 Billion | 0.00% | 0.00x | $22.77 Million |
| Sambu Const (001470) | $325.20 Billion | 8.72% | 1.46x | $52.59 Million |
| EE-HWA Construction Co. Ltd (001840) | $42.72 Billion | 0.63% | 1.00x | $11.71 Million |
| Dohwa Engin (002150) | $74.63 Billion | 22.70% | 0.41x | $63.30 Million |
| Bumyang Construction Co Ltd (002410) | $70.00 Billion | 28.17% | 0.98x | $28.08 Million |
| Hwa Sung Ind (002460) | $326.77 Billion | 0.00% | 1.15x | $49.32 Million |
| Chin Hung Int' (002780) | $109.89 Billion | -15.99% | 3.02x | $40.98 Million |
| Chinhung International Inc (002785) | $118.85 Billion | 17.16% | 1.38x | $177.63 Million |
| Chinhung International Inc. Pfd. Series 2 (002787) | $170.95 Billion | 31.24% | 0.96x | $432.74 Million |